$125,000

515 W 2nd St Anderson, IN 46016

Estimated payment $796/month

Total Views 178
6 Beds
4 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Are you looking for fantastic cashflow? One price, 4+ units! This property offers a good independent unit in the front with 3 apartments in the back, plus storage area (could be converted into an extra unit). Off-street parking and 2 units recently renovated and ready to rent, some work will get the other unit ready to roll.

Listing Agent

Daniel Soares

Weichert, REALTORS® License #RB21000909 Listed on: 11/12/2025

Weichert, REALTORS®

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,658

Year Built

  • Built in 1885

Lot Details

  • 6,250 Sq Ft Lot

Home Design

  • Vinyl Siding

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tax Lot 48-11-12-204-034.000-003 186495
  • Assessor Parcel Number 481112204034000003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,658

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1885
  • Lot Size Acres: 0.14
  • Structure Type: Quadruplex
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Conversion: No
  • Special Features: None

Interior Features

  • Basement: No
  • Total Bathrooms: 4
  • Total Bedrooms: 6

Exterior Features

  • Construction Materials: Vinyl Siding
  • Road Access: Frontage Road

Garage/Parking

  • Parking Features: Storage
  • Unit Parking: On Street,Parking Lot

Utilities

  • Laundry Features: Connections Some
  • Security Features: Smoke Detector(s)
  • Solid Waste: No

Lot Info

  • Lot Features: Access
  • Property Attached Yn: No
  • Current Use: Residential
  • Lot Size Sq Ft: 6250
  • Parcel Number: 481112204034000003
  • Acres: <1/4 Acre

Multi Family

  • Net Operating Income: 22120

Tax Info

  • Tax Annual Amount: 1658
  • Tax Lot: 48-11-12-204-034.000-003 186495
  • Semi Annual Property Tax Amt: 829

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,658 $74,600 $8,100 $66,500
2023 $1,528 $68,300 $7,700 $60,600
2022 $1,532 $68,500 $7,200 $61,300
2021 $1,411 $62,700 $7,200 $55,500
2020 $1,356 $60,000 $6,800 $53,200
2019 $1,323 $58,500 $6,800 $51,700
2018 $1,242 $53,800 $6,800 $47,000
2017 $1,068 $53,400 $6,800 $46,600
2016 $1,068 $53,400 $6,800 $46,600
2014 $1,086 $54,300 $6,900 $47,400
2013 $1,086 $54,300 $6,900 $47,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/12/2025 11/12/25 For Sale $125,000 +212.5% --
04/25/2019 04/25/19 Sold $40,000 -10.9% $72 / Sq Ft View Prior Sale
04/01/2019 04/01/19 Pending -- -- --
11/06/2018 11/06/18 For Sale $44,900 0.0% $81 / Sq Ft
10/09/2018 10/09/18 Pending -- -- --
02/01/2017 02/01/17 For Sale $44,900 +12.3% $81 / Sq Ft
01/27/2017 01/27/17 Off Market $40,000 -- --
01/26/2016 01/26/16 For Sale $44,900 +12.3% $81 / Sq Ft
01/04/2016 01/04/16 Off Market $40,000 -- --
05/04/2015 05/04/15 For Sale $64,900 -- $118 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Source: Public Records

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22073096

MIBOR Broker Listing Cooperative®

APN: 48-11-12-204-034.000-003